In case you haven’t yet had a chance to read Matt Taibbi’s article on Bank of America in the March issue of Rolling Stone, we are posting a link to it HERE.
Matt’s articles are always a great read and anything about how corrupt Bank of America is right up our alley here at Occupy Delaware.
Some highlights from the article, include:
Matt describing Bank of America as the
“…world’s worst-behaved teenager, taking your car and running over kittens and fire hydrants on the way to Vegas for the weekend, maxing out your credit cards in the three days you spend at your aunt’s funeral. They’re out of control, yet they’ll never do time or go out of business, because the government remains creepily committed to their survival, like overindulgent parents…”
Also, likening collateralized mortgage obligations to cheap oregano being sold as marijuana….
“In essence, America’s financial institutions grew vast fields of cheap oregano, and then went around the world marketing their product as high-grade weed.”
Read more: http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314#ixzz1soxyCsFl
You can also watch Matt Taibbi at OWS in February, talking about Bank of America and the mortgage crisis.